Nova by ProNovos

Nova by ProNovos is a financial intelligence and analytics platform developed for commercial construction general contractors and subcontractors. Tailored for Construction Accounting, the software connects directly to existing construction enterprise resource planning (ERP) systems to deliver natural-language querying, work-in-progress (WIP) reporting, job costing, cash flow forecasting, and contract risk analysis.

Key Capabilities

• Job Costing & WIP Reporting: Analyzes live ERP data to generate WIP reports, job cost breakdowns, and phase-level margin variance analysis via natural language querying in English and Spanish.
• Cash Flow & Revenue Forecasting: Incorporates Cash Flow Management tools that construct 13-week cash flow forecasts with weekly projected inflows, outflows, and ending balance indicators, alongside revenue forecasting across active and prospective projects.
• Performance & Target Planning: Uses Budgeting and Forecasting models to track revenue targets, compare prospective work against booked contracts, and automatically trigger exception alerts for aging invoices or unbilled project activity.
• Contract Risk Analysis: Parses uploaded construction agreements against risk-allocation terms, scope boundaries, out-of-scope items, and non-financial obligations, linking findings directly to source contract sections.
• Early Payment & Liquidity (QuickPay): Provides invoice advance workflows (QuickPay Direct) allowing subcontractors to receive spot funding on individual outstanding invoices without balance-sheet debt or general contractor notification, while enabling general contractors (QuickPay) to offer early payments funded by third-party capital partners in exchange for rebates.
• Workflow Automation & Field Capture: Automates voice-to-daily-report generation for field personnel, invoice line-item extraction into structured data, and automated accounts receivable (AR) collection email drafting against outstanding balances.
• ERP Integration Network: Connects bi-directionally with construction systems including Sage 300, Sage 100, Sage Intacct, Foundation, Vista, Spectrum, Acumatica, QuickBooks Online, and ComputerEase without requiring data migration or duplicate entry.

Audience & Use Cases

• Audience: Chief Financial Officers (CFOs), Controllers, Chief Executive Officers (CEOs), Project Managers, and Accounting Staff at commercial general contractors and specialty, heavy, or highway subcontractors ($10M to $100M revenue range).
• Use Case: Converting raw construction ERP and job-cost data into real-time financial insights, automating cash flow forecasting, identifying contract risk terms, and accelerating invoice liquidity without manual reporting overhead.

Technical Specifications

• Deployment Model: Cloud-hosted Software as a Service (SaaS).
• Language Support: Natural-language querying in English and Spanish.
• ERP Compatibility: Foundation, Sage 300, Sage 100, Sage Intacct, Vista, Spectrum, Acumatica, QuickBooks Online, ComputerEase.
• Data Architecture: Live ERP synchronization without duplicate record maintenance.